Michael Phelps' latest hookup is Jasmine Waltz. If that name sounds familiar, that's because Jasmine has nailed half of Hollywood (e.g. David Arquette, Zac Efron, Chris Pine, Ryan Seacrest, Jesse McCartney, Doug Reinhardt, and Vinny from Jersey Shore ). And she has a sex tape. In other words, she's someone you could definitely bring home to mom . . . and then mom would call her a whore and kick her out of the house. From Hollyscoop:

"They've been hooking up for weeks," a source tells Hollyscoop, adding that its just about sex.

It's unclear when or where they met but Michael only follows a select number of people on Instagram and he recently started following Jasmine on the photo-sharing site.

The mind works in mysterious ways, doesn't it? Michael Phelps' life has been a seemingly never-ending series of first place finishes. He is the best there is at what he does. Mike really doesn't have a frame of reference for what it feels like to come in second, so he's decided to come in sloppy seconds -- enter starfucker extraordinaire, Jasmine Waltz. She's as second place as they come. She looks like a second-rate Megan Fox who accepts loads from second rate stars while appearing in third-rate productions. Congrats to Michael. As long as he's inside Jasmine, he's taking first, second, and third place in someone else's goo Olympics. Enjoy your lunch.